| Page | ||||||
|---|---|---|---|---|---|---|
| Reference and administrative | details | ofthe Charity, | its Trustees and advisers | |||
| Trustees' report |
2-7 | |||||
| Independent | auditors' | report | on the | financial statements | 8-11 | |
| Consolidated | statement | offinancial | activities | 12 | ||
| Consolidated | balance sheet | 13 | ||||
| Charity balance sheet | 14 | |||||
| Consolidated | statement | ofcash flows | 15 | |||
| Notes to the | financial statements | 16-38 |
| REFERENCE AND ADMINISTRATIVE DETAILS OF |
REFERENCE AND ADMINISTRATIVE DETAILS OF |
REFERENCE AND ADMINISTRATIVE DETAILS OF |
REFERENCE AND ADMINISTRATIVE DETAILS OF |
REFERENCE AND ADMINISTRATIVE DETAILS OF |
THE CHARITY, ITSTRUSTEES AND ADVISERS | THE CHARITY, ITSTRUSTEES AND ADVISERS | THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|---|
| FOR THE YEAR | ENDED | 31 DECEMBER 2022 | |||||
| Trustees | Babatunde Sofowora |
||||||
| Olukayode Olawode |
|||||||
| David Makoyawo | |||||||
| Solomon Adegoke | |||||||
| Olakunle Falodun |
|||||||
| Odunitan Oluranti |
Orioke (appointed | 6 | October 2023) | ||||
| Folake Kehinde Ogunmekan |
(appointed | 6 October 2023) | |||||
| Charity registered | |||||||
| number | 1172998 | ||||||
| Principal office | 254-270 Camberwell | Road | |||||
| Corner of Medlar Street | |||||||
| London | |||||||
| SE5ODP | |||||||
| Chief executive officer | Pastor Olayemi Adeleke | ||||||
| Independent | auditors | Stephen Michael Associates |
|||||
| Chartered Certified |
Accountants | ||||||
| Statutory Auditors | |||||||
| 201 Borough High |
Street | ||||||
| London | |||||||
| SE1 1JA | |||||||
| Bankers | Barclays Bank pic P0 Box279 |
||||||
| 41 Woolwich New |
Road | ||||||
| London | |||||||
| SE186NU | |||||||
| Solicitors | Fisher Jones Greenwood | ||||||
| Charter Court | |||||||
| Colchester Business | Park | ||||||
| Colchester | |||||||
| Essex | |||||||
| CO4 9YA |
| Outcome | Target | Outcome Target |
|||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Average | number | of congregation | 1,750 | 1,850 | 1720 1850 |
| Average | number | ofvolunteers | 245 | 250 | 242 250 |
| Community awareness offood bank |
720 visited | 659visited |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | K | ||||||
| Income from: | |||||||
| Donations and legacies |
12,105 | 1,191,001 | 1,203,106 | 985,625 | |||
| Charitable activities |
394 | 394 | |||||
| Other trading activities |
354,950 | 354,950 | 125,975 | ||||
| Investments | 28,239 | 28,239 | 30,604 | ||||
| Total income | 12,105 | 1,574,584 | 1,586,689 | 1,142,204 | |||
| Expenditure on: |
|||||||
| Raising funds | 252,325 | 252,325 | 82,449 | ||||
| Charitable activities |
26,655 | 1,034,835 | 1,061,490 | 1,131,917 | |||
| Total expenditure | 26,655 | 1,287,160 | 1,313,815 | 1,214,366 | |||
| Net (expenditure)/income | before | ||||||
| taxation | (14,550) | 287,424 | 272,874 | (72,162) | |||
| Taxation | 1,314 | 1,314 | |||||
| Net movement in funds |
(14,550) | 288,738 | 274,188 | (72,162) | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 83,660 | 5,814,689 | 5,898,349 | 5,970,511 | ||
| Net movement in funds |
(14,550) | 288,738 | 274,188 | (72,162) | |||
| Total funds carried forward | 69,110 | 6,103,427 | 6,172,537 | 5,898,349 |
| CONSOLIDATED | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| AS AT 31 DECEMBER 2022 | ||||||
| Note | 2022 | 2021f | ||||
| Fixed assets | ||||||
| Tangible assets | 14 | 6,319,104 | 6,523,625 | |||
| 6,319,104 | 6,523,625 | |||||
| Current assets | ||||||
| Debtors | 16 | 313,957 | 61,659 | |||
| Cash at bank and | in hand | 312,864 | 116,299 | |||
| 626,821 | 177,958 | |||||
| Creditors: amounts | falling due within | one | ||||
| year | 17 | (418,331) | (268,497) | |||
| Net current assets I | liabilites | 208,490 | (90,539) | |||
| Total assets less | current liabilities | 6,527,594 | 6,433,086 | |||
| Creditors: amounts | falling due after | more | ||||
| than one year | 18 | (355,057) | (534,737) | |||
| Net assets excluding | pension asset | 6,172,537 | 5,898,349 | |||
| Total net assets | 6,172,537 | 5,898,349 | ||||
| Charity funds | ||||||
| Restricted funds |
20 | 69,110 | 83,660 | |||
| Unrestricted funds |
20 | 6,103,427 | 5,814,689 | |||
| Total funds | 6,172,537 | 5,898,349 |
| Note | 2022 | 2021f | |||||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible assets | 14 | 6,319,104 | 6,523,625 | ||||
| Investments | 15 | 3 | 3 | ||||
| 6,319,107 | 6,523,628 | ||||||
| Current assets | |||||||
| Debtors | 16 | 313,338 | 61,412 | ||||
| Cash at bank and | in hand | 225,601 | 93,535 | ||||
| 538,939 | 154,947 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 17 | (557,213) | (378,311) | ||||
| Net current liabilities |
(18,274) | (223,364) | |||||
| Total assets less | current liabilities | 6,300,833 | 6,300,264 | ||||
| Creditors: amounts | falling due after more | ||||||
| than one year | 18 | (330,890) | (500,570) | ||||
| Net assets excluding | pension asset | 5,969,943 | 5,799,694 | ||||
| Total net assets | 5,969,943 | 5,799,694 | |||||
| Charity funds | |||||||
| Restricted funds |
20 | 69,110 | 83,660 | ||||
| Unrestricted funds |
20 | 5,900,833 | 5,716,034 | ||||
| Total funds | 5,969,943 | 5,799,694 |
| 2022 | 202'I | |||
|---|---|---|---|---|
| Cash flows from operating | activities | |||
| Net cash used in operating |
activities | 183,968 | 77,157 | |
| Cash flows from investing | activities | |||
| Dividends, interests and rents from investments |
28,239 | 30,704 | ||
| Proceeds from the sale oftangible fixed assets | 447,632 | 10,000 | ||
| Purchase oftangible fixed assets |
(283,594) | (5,140) | ||
| Net cash provided by investing activities |
192,277 | 35,564 | ||
| Cash flows from financing | activities | |||
| Repayments of borrowing |
(179,680) | (94,681) | ||
| Net cash used in financing |
activities | (179,680) | (94,681) | |
| Change in cash and cash |
equivalents in |
the year | 196,565 | 18,040 |
| Cash and cash equivalents | at the beginning | ofthe year | 116,299 | 98,259 |
| Cash and cash equivalents | at the end of | the year | 312,864 | 116,299 |
| The notes on pages 16to 38form part ofthese financial statements |
| Restricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| Donations | ||||
| Church collections | 12,105 | 1,090,344 | 1,102,449 | |
| Gift aid income tax recoverable | 67,129 | 67,129 | ||
| Subtotal detailed disclosure | 12,105 | 1,157,473 | 1,169,578 | |
| Donations | 33,528 | 33,528 | ||
| Subtotal | 33,528 | 33,528 | ||
| 12,105 | 1,191,001 | 1,203,106 | ||
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| Donations | ||||
| Church collections | 17,208 | 816,063 | 833,271 | |
| Gift aid income tax recoverable | 80,646 | 80,646 | ||
| Subtotal detailed disclosure | 17,208 | 896,709 | 913,917 | |
| Government | grants | 71,708 | 71,708 | |
| Subtotal | 71,708 | 71,708 | ||
| 88,916 | 896,709 | 985,625 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2022 | 2022 | 2021 |
| 394 | 394 |
| Unrestricted | Total |
|---|---|
| funds | funds |
| 2022 | 2022 |
| E | |
| 354,950 | 354,950 |
| Rent | receivable | 354,950 | 354,950 |
| Unrestricted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| Rent | receivable | 125,975 | 125,975 |
| Unrestricted | Total | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022f | 2022f | ||||||
| Investment | income | - | local | investment | properties | 27,178 | 27,178 |
| Investment | income | - | local | cash | 1,061 | 1,061 | |
| 28,239 | 28,239 | ||||||
| Unrestricted | Total | ||||||
| funds | funds | ||||||
| 2021 | 2021 | ||||||
| Investment | income | - | local | investment | properties | 29,872 | 29,872 |
| Investment | income | - | local | cash | 732 | 732 | |
| 30,604 | 30,604 |
| United | Kingdom |
|---|---|
| United | Kingdom |
| Charitable | |
|---|---|
| donations | |
| to | Total |
| Institutions | funds |
| 2022f | 2022 |
| 10,300 | 10,300 |
| Charitable | |
| donations to |
Total |
| institutions | funds |
| 2021 | 2021 |
| 35,000 | 35,000 |
| Restricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | Total | ||||
| 2022 | 2022 | 2022 | ||||
| Advancement | of | Christian | Faith | 26,655 | 1,034,835 | 1,061,490 |
| Restricted | Unrestricted | |||||
| funds | funds | Total | ||||
| 2021 | 2021 | 2021 | ||||
| Advancement | of | Christian | Faith | 113,292 | 1,018,625 | 1,131,917 |
| Charitable | |||||||
|---|---|---|---|---|---|---|---|
| Activities | donation | ||||||
| undertaken | funding of |
Support | Total | ||||
| directly | activities | costs | funds | ||||
| 2022f | 2022 | 2022 | 2022 | ||||
| Advancement | of | Christian | Faith | 546,154 | 10,300 | 505,036 | 1,061,490 |
| Charitable | |||||||
|---|---|---|---|---|---|---|---|
| Activities | donation | ||||||
| undertaken | funding of |
Support | Total | ||||
| directly | activities | costs | funds | ||||
| 2021 | 2021 | 2021 | 2021 | ||||
| Advancement | of | Christian | Faith | 475,474 | 35,000 | 621,443 | 1,131,917 |
| Advanceme | |||
|---|---|---|---|
| nt of | |||
| Christian | Total | ||
| Faith | funds | ||
| 2022 | 2022 | ||
| Staff costs | 203,629 | 203,629 | |
| Depreciation | 126,560 | 126,560 | |
| Ministry expenses | 108,868 | 108,868 | |
| Evangelism | and special events | 60,614 | 60,614 |
| Music expenses | 38,512 | 38,512 | |
| Media expenses | 7,971 | 7,971 | |
| 546,154 | 546,154 | ||
| Ad vancernen | |||
| tofChristian | Totai | ||
| Faith | funds | ||
| 2021 | 2021 | ||
| Staff costs | 202,595 | 202,595 | |
| Depreciation | 127,876 | 127,876 | |
| Ministry expenses | 50,332 | 50,332 | |
| Evangelism | and special events | 46,080 | 46,080 |
| Music expenses | 27,423 | 27,423 | |
| Media expenses | 21,168 | 21,168 | |
| 475,474 | 475,474 |
| Advanceme | |||||
|---|---|---|---|---|---|
| nt of | |||||
| Christian | Total | ||||
| Faith | funds | ||||
| 2022 | 2022 | ||||
| Staff costs | 156,683 | 156,683 | |||
| Depreciation | 30,222 | 30,222 | |||
| Vending machines |
8,382 | 8,382 | |||
| Bookshop | 721 | 721 | |||
| Premises costs | 296,855 | 296,855 | |||
| Communication costs |
31,670 | 31,670 | |||
| Finance costs | 26,945 | 26,945 | |||
| Office and administration | costs | 17,984 | 17,984 | ||
| Professional | and consultancy | fees | 12,743 | 12,743 | |
| Travel and | accomodation | 1,033 | 1,033 | ||
| Motor vehicle expenses | 6,081 | 6,081 | |||
| Income tax | 65 | 65 | |||
| Bad debt | 1,806 | 1,806 | |||
| (Gain)/loss | on disposal of | assets | (116,299) | (116,299) | |
| Exchange (gain)/loss | (390) | (390) | |||
| Sundry church expenses | 21,670 | 21,670 | |||
| Governance | costs | 8,865 | 8,865 | ||
| 505,036 | 505,036 |
| Analysis ofsupport cos | ts ( | contin | u | ed) | |||
|---|---|---|---|---|---|---|---|
| Ad vancemen | |||||||
| tofChristian | Totai | ||||||
| Faith | funds | ||||||
| 2021 | 2021 | ||||||
| Staff costs | 172,377 | 172,377 | |||||
| Depreciation | 36,099 | 36,099 | |||||
| Vending machines |
856 | 856 | |||||
| Premises costs | 268,393 | 268,393 | |||||
| Communication costs |
23,507 | 23,507 | |||||
| Finance costs | 28,977 | 28,977 | |||||
| Office and administration | costs | 14,677 | 14,677 | ||||
| Professional and consultancy |
fees | 67,259 | 67,259 | ||||
| Travel and accomodation | 2,202 | 2,202 | |||||
| Motor vehicle expenses | 11,859 | 11,859 | |||||
| Income tax | (28,625) | (28,625) | |||||
| (Gain)/loss on disposal ofassets |
(5,695) | (5,695) | |||||
| Exchange (gain)/loss | 181 | 181 | |||||
| Sundry church expenses | 20,796 | 20,796 | |||||
| Governance costs |
8,580 | 8,580 | |||||
| 621,443 | 621,443 | ||||||
| Auditors' remuneration |
|||||||
| 2022f | 2021 | ||||||
| Fees payable to the Charity's | auditor | for the audit ofthe Charity's | annual | ||||
| accounts | 5,610 | 5,610 | |||||
| Fees payable to the Charity's | auditor | in respect of: | |||||
| The auditing ofaccounts |
ofassociates ofthe Charity | 2,500 | 2,500 | ||||
| All non-audit services not |
included | above | 3,470 | 4,020 |
| Group | Group | Charity | Charity | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022f | 2021 | ||||
| Wages and | salaries | 328,509 | 332,775 | 328,509 | 332,775 | ||
| Social security costs | 25,974 | 36,316 | 25,974 | 36,316 | |||
| Contribution | to defined | contribution | pension | ||||
| schemes | 5,829 | 5,881 | 5,829 | 5,881 | |||
| 360,312 | 374,972 | 360,312 | 374,972 |
| Pastors | |
|---|---|
| Church | administration |
| Group | Group |
|---|---|
| 2022 | 202'I |
| No. | No. |
| 10 |
| Group | Group |
|---|---|
| 2022 | 2021 |
| No. | No. |
| Taxation | ||||
|---|---|---|---|---|
| 2022f | 202'/ | |||
| Corporation | tax | |||
| Adjustments | in respect of previous | periods | (1,314) | |
| Taxation on | net (expenditure)/income | (1,314) |
| Freehold | Motor | Fixtures and | ||
|---|---|---|---|---|
| property | vehicles | fittings | Total | |
| Cost or valuation | ||||
| At 1 January 2022 | 7,860,474 | 77,355 | 1,527,725 | 9,465,554 |
| Additions | 213,626 | 69,968 | 283,594 | |
| Disposals | (350,000) | (350,000) | ||
| At 31 December 2022 | 7,724,100 | 77,355 | 1,597,693 | 9,399,148 |
| Depreciation | ||||
| At 1 January 2022 | 1,351,787 | 74,753 | 1,515,389 | 2,941,929 |
| Charge for the year | 134,793 | 651 | 21,338 | 156,782 |
| On disposals | (18,667) | (18,667) | ||
| At 31 December 2022 | 1,467,913 | 75,404 | 1,536,727 | 3,080,044 |
| Net book value | ||||
| At 31 December 2022 | 6,256,187 | 1,951 | 60,966 | 6,319,104 |
| At 31December 2021 | 6,508,687 | 2,602 | 12,336 | 6,523,625 |
| Name | Company | Registered | office or | principal | Principal | activity | ||
|---|---|---|---|---|---|---|---|---|
| number | place ofbusiness | |||||||
| Lighthouse | Operations | Ltd | 11124403 | 254 - 270 Camberwell | Road, | Hire of events space | ||
| Camberwell | Road, London SE5 | |||||||
| ODP | ||||||||
| Class of | Holding | |||||||
| shares | ||||||||
| Ordinary | 100% |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022f | 2021 | ||
| Due within one year | |||||
| Other debtors | 9,455 | 10,838 | 8,836 | 10,591 | |
| Prepayments and accrued income |
204,971 | 19,571 | 204,971 | 19,571 | |
| Tax recoverable | 99,531 | 31,250 | 99,531 | 31,250 | |
| 313,957 | 61,659 | 313,338 | 61,412 | ||
| Creditors: Amounts | falling due within one year | ||||
| Group | Group | Charity | Charity | ||
| 2022 | 2021 | 2022 | 2021 | ||
| Bank overdrafts | 10,332 | 7,871 | 10,332 | 7,871 | |
| Bank loans | 179,680 | 179,680 | 169,680 | 169,680 | |
| Trade creditors | 188,963 | 44,978 | 188,963 | 44,978 | |
| Amounts owed to group undertakings |
158,642 | 131,641 | |||
| Other taxation and social security | 14,119 | 14,265 | 14,119 | 14,265 | |
| Pension fund loan payable |
3,341 | 1,294 | 3,341 | 1,294 | |
| Other creditors | 10,316 | 7,762 | 3,556 | 2 | |
| Accruals and deferred | income | 11,580 | 12,647 | 8,580 | 8,580 |
| 418,331 | 268,497 | 557,213 | 378,311 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022f | 2021 | 2022 | 2021 | ||
| Bank | loans | 355,057 | 534,737 | 330,890 | 500,570 |
| Group | Group | Charity | Charity | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022f | 2021 | |||
| Financial assets | ||||||
| Financial | assets measured | at fair value | ||||
| through | income and expenditure | 312,864 | 116,299 | 225,601 | 93,535 |
| Stateme | nt o | ffunds - curren | t year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | December | ||||||
| 2022 | Income | Expenditure | Taxation | 2022 | |||
| E | |||||||
| Unrestricted | funds | ||||||
| General | Funds - all funds | 5,716,034 | 1,574,584 | (1,287,160) | 1,314 | 6,004,772 | |
| Reserves | 98,655 | 98,655 | |||||
| 5,814,689 | 1,574,584 | (1,287,160) | 1,314 | 6,103,427 | |||
| Restricted funds | |||||||
| Children | and | youth fund | 1,326 | (1,326) | |||
| Building | fund | 2,971 | (2,971) | ||||
| Welfare | fund | 76,741 | 777 | (8,408) | 69,110 | ||
| Food bank | 5,593 | (5,593) | |||||
| Mission | fund | 8,357 | (8,357) | ||||
| 83,660 | 12,105 | (26,655) | 69,110 | ||||
| Total of | funds | 5,898,349 | 1,586,689 | (1,313,815) | 1,314 | 6,172,537 |
| Statemen | t o | ffunds -prior year | ||||
|---|---|---|---|---|---|---|
| Balance af | ||||||
| Balance af | 31 | |||||
| 1January | December | |||||
| 2021 | Income | Expendi fure | 2021 | |||
| Unrestricted | funds | |||||
| General | Funds - all funds | 5,862,475 | 1,053,288 | (1,101,074) | 5,814,689 | |
| Restricted funds | ||||||
| Missions | fund | 6,277 | 12,663 | (18,940) | ||
| Children | and | youth fund | 1,326 | 1,326 | ||
| Building | fund | 18,132 | 4,012 | (22,144) | ||
| Welfare | fund | 76,708 | 533 | (500) | 76,741 | |
| Food bank | 5,593 | 5,593 | ||||
| Coronavirus | Job Retention Scheme | 71,708 | (71,708) | |||
| 108,036 | 88,916 | (113,292) | 83,660 | |||
| Total of | funds | 5,970,511 | 1,142,204 | (1,214,366) | 5,898,349 |
| Summary | offunds - cu | rrent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | 31 | |||||
| January | December | |||||
| 2022 | Income | Expenditure | Taxation | 2022 | ||
| E | ||||||
| General funds | 5,814,689 | 1,574,584 | (1,287,160) | 1,314 | 6,103,427 | |
| Restricted | funds | 83,660 | 12,105 | (26,655) | 69,110 | |
| 5,898,349 | 1,586,689 | (1,313,815) | 1,314 | 6,172,537 |
| Summary | offunds - prior year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | 31 | ||||
| 1January | December | ||||
| 2021 | Income | Expenditure | 2021 | ||
| General funds | 5,862,475 | 1,053,288 | (1,101,074) | 5,814,689 | |
| Restricted | funds | 108,036 | 88,916 | (113,292) | 83,660 |
| 5,970,511 | 1,142,204 | (1,214,366) | 5,898,349 |
| Analysis | of n | et assets between funds - current |
year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022f | 2022 f. |
|||
| Tangible | fixed | assets | 6,319,104 | 6,319,104 | |
| Current | assets | 69,110 | 557,711 | 626,821 | |
| Creditors | due | within one year | (418,331) | (418,331) | |
| Creditors | due | in more than one year | (355,057) | (355,057) | |
| Total | 69,110 | 6,103,427 | 6,172,537 |
| Analysis | of n | et assets between funds - prior ye |
ar | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| Tangible | fixed | assets | 6,523,625 | 6,523,625 | |
| Current | assets | 83,660 | 94,298 | 177,958 | |
| Creditors | due | within one year | (268,497) | (268,497) | |
| Creditors | due | in more than one year | (534,737) | (534,737) | |
| Tl | 83,660 | 5,814,689 | 5,898,349 |
| 23. | Reconciliation ofnet |
Reconciliation ofnet |
movement | movement | in funds to | in funds to | net | cash flow | from | operating | activities | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Group | |||||||||||
| 2022f | 2021 | |||||||||||
| Net income/expenditure |
for | the | year | (as | per | Statement | of | Financial | ||||
| Activities) | 274,188 | (72,162) | ||||||||||
| Adjustments for: |
||||||||||||
| Depreciation charges |
156,782 | 163,976 | ||||||||||
| Dividends, interests |
and rents from | investments | (28,239) | (30,704) | ||||||||
| Profit on the sale offixed assets | (116,299) | (5,695) | ||||||||||
| Decrease/(increase) | in | debtors | (252,298) | 31,384 | ||||||||
| Increase/(decrease) | in | creditors | 149,834 | (9,642) | ||||||||
| Net cash provided | by operating | activities | 183,968 | 77,157 | ||||||||
| 24. | Analysis ofcash and | cash equivalents | ||||||||||
| Group | Group | |||||||||||
| 2022f | 2021 | |||||||||||
| Cash in hand |
312,864 | 116,299 | ||||||||||
| Total cash and cash equivalents | 312,864 | 116,299 |
| At 1 | At 31 | ||||||
|---|---|---|---|---|---|---|---|
| January | December | ||||||
| 2022 | Cash flowsf | 2022 | |||||
| Cash | at bank and | in hand | 116,299 | 196,565 | 312,864 | ||
| Bank | overdrafts | repayable | on demand | (7,871) | (2,461) | (10,332) | |
| Debt | due within | 1 | year | (180,974) | (2,047) | (183,021) | |
| Debt | due after 1 year | (534,737) | 179,680 | (355,057) | |||
| (607,283) | 371,737 | (235,546) |
| pay | ments | und | er | non-cancellable operating leases a |
s follows: | |
|---|---|---|---|---|---|---|
| Charity | Charity | |||||
| 2022 | 2021 | |||||
| Not | later | than | 1 | year | 65,000 | 60,000 |